Eldeco, Purvanchal Secure Prime Land Near Jewar Airport for Housing

16 Jul 2024 CW Team

In addition to the recent Noida acquisition, Eldeco has been actively expanding its footprint in other regions. The company acquired 2.7 acres for Rs 110 crore and 8.5 acres for Rs 165 crore in Gurgaon's Sector 80 through an auction by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). Eldeco also secured a 36,000-square-meter plot in Greater Noida West, where it plans to develop 750,000 square feet of residential space with an investment of Rs 250 crore. Furthermore, Eldeco has acquired 14.5-acre and 18-acre land parcels in Sonepat for plotted and villa development.

Eldeco's ambitious expansion is supported by significant funding, having recently secured Rs 350 crore from HDFC Capital Advisors Limited. This marks the third round of funding in as many years, bringing the platform's corpus to Rs 850 crore, with expectations to generate Rs 8,000 crore from 17 projects. Previously, the platform raised Rs 150 crore in August 2021 and Rs 350 crore in September 2022, focusing on developing projects in holiday destinations and tier 2 cities.

Eldeco's planned projects span across Delhi, Gurugram, Ludhiana, Sonipat, and Goa, with Rs 500 crore already deployed in residential projects in Panipat, Sonipat, Ludhiana, Rudrapur, Rishikesh, Kasauli, Greater Noida West, and Gurugram. With a robust track record of delivering 200 projects encompassing approximately 30 million square feet of real estate development, Eldeco continues to expand its portfolio with 30 ongoing projects covering 35 million square feet in various stages of execution.

Eldeco Infrastructure & Properties Ltd and Purvanchal Projects have made significant investments in the rapidly growing Noida region. Eldeco has acquired a 20,000 square meter land parcel near the upcoming Jewar airport through an auction by the Yamuna Expressway Industrial Development Authority (YEIDA) for Rs 96.86 crore. Purvanchal Projects, another Noida-based developer, secured a 40,000 square meter land parcel for Rs 149.47 crore. Both acquisitions are earmarked for group housing projects, with plans to construct high-rise buildings on these plots. In addition to the recent Noida acquisition, Eldeco has been actively expanding its footprint in other regions. The company acquired 2.7 acres for Rs 110 crore and 8.5 acres for Rs 165 crore in Gurgaon's Sector 80 through an auction by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). Eldeco also secured a 36,000-square-meter plot in Greater Noida West, where it plans to develop 750,000 square feet of residential space with an investment of Rs 250 crore. Furthermore, Eldeco has acquired 14.5-acre and 18-acre land parcels in Sonepat for plotted and villa development. Eldeco's ambitious expansion is supported by significant funding, having recently secured Rs 350 crore from HDFC Capital Advisors Limited. This marks the third round of funding in as many years, bringing the platform's corpus to Rs 850 crore, with expectations to generate Rs 8,000 crore from 17 projects. Previously, the platform raised Rs 150 crore in August 2021 and Rs 350 crore in September 2022, focusing on developing projects in holiday destinations and tier 2 cities. Eldeco's planned projects span across Delhi, Gurugram, Ludhiana, Sonipat, and Goa, with Rs 500 crore already deployed in residential projects in Panipat, Sonipat, Ludhiana, Rudrapur, Rishikesh, Kasauli, Greater Noida West, and Gurugram. With a robust track record of delivering 200 projects encompassing approximately 30 million square feet of real estate development, Eldeco continues to expand its portfolio with 30 ongoing projects covering 35 million square feet in various stages of execution.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..